10 offshore oil rigs delayed by SeaDrillAugust 28, 2015 // 2 CommentsThe delivery of 10 offshore oil rigs and drillships has been delayed by SeaDrill Ltd. It expects challenging market [...]
CLIQ Energy buys all Kazakh oil assetsAugust 28, 2015 // 3 CommentsCLIQ Energy is acquiring oil producing assets in Kazakhstan. This is despite having to spend more for the purchase. The [...]
Shanghai Petrochemical 2015 Interim ResultsAugust 28, 2015 // 5 CommentsSinopec Shanghai Petrochemical Company Limited posted yesterday its 2015 interim results. According to IFRS, turnover for [...]
Indian petrochemical industry to reach US$280 billion by 2020August 26, 2015 // 1 CommentThe Indian petrochemical industry, plastics, packaging and printing are expected to reach US$280 billion by 2020. The four [...]
Oil dips 6 %August 26, 2015 // 3 CommentsOil dipped sharply by 6 % on Monday. A near 9-% fall in China shares roiled global markets and sent the Dow Jones Industrial [...]
Ferguson Group introduces new bunded tank to its Offshore FleetAugust 25, 2015 // 2 CommentsFerguson Group , a leading supplier of offshore DNV 2.7-1 / EN12079 certified containers, mud skips, tanks, [...]
Energy Transfer pursues bid of Magnum Hunter stake in pipeline unitAugust 25, 2015 // 0 CommentsEnergy Transfer Equity LP is bidding for Magnum Hunter Resources Corp’s stake in natural gas gathering unit Eureka [...]
Iran suggests an OPEC emergency meeting to halt further decline of oil priceAugust 25, 2015 // 2 CommentsIran’s Oil Minister, Bijan Zanganeh, announced on Sunday that an emergency meeting by the Organization of the [...]
Iran’s petrochemical industry offers huge reward for investors willing to take the riskAugust 25, 2015 // 2 CommentsOnce and if the sanctions are lifted, investing in the Iranian petrochemicals will offer huge rewards but only if investors [...]
Tianjin explosion: poor implementation of safety standards in ChinaAugust 25, 2015 // 2 CommentsThe August 12, 2015 fire at the Tianjin Port container warehouse, which triggered two major explosions in a hazardous [...]